It is not always easy to know when a bankruptcy could be the right choice for you, but there are some red flags that may help you recognize that you are in financial trouble. By recognizing when you’re in over your head in debt, you’ll be in a better position to help...
Bankruptcy
Credit card debt solutions often just lead to more money trouble
If you perform an internet search to look for ways to get out of credit card debt, you will probably find several options that look appealing initially. Credit card debt settlement, consolidation loans and even balance transfers all seem to be a way for you to regain...
What is the basic process for filing Chapter 7 bankruptcy?
If your debts are higher than your income and your creditors have started becoming aggressive in their collection efforts, bankruptcy might be your next step. Instead of trying to make payments every month and struggling to stay afloat, you might just want to get a...
Cambios a la ley que debe saber antes de declararse en bancarrota en 2021
La legislación de 2020 nombrada la Ley Bipartidista de Alivio y Seguridad Económica del Coronavirus (conocida en inglés como el “CARES Act”) trajo muchísimo alivio a los trabajadores y a las familias de baja y media clase en los Estados Unidos. Proveyó beneficios que...
Why people choose bankruptcy instead of debt relief services
Debt relief services often try to advertise themselves as though they do something that benefits the public. They want to make themselves seem like they are heroes saving people from aggressive creditors, collection agents and unscrupulous credit card companies. What...
What debts qualify for a Chapter 7 bankruptcy discharge?
If you have debts that you cannot pay off, bankruptcy can offer you relief. But before you go through with a filing, you may want to understand how the process can help you. And if you file a Chapter 7 bankruptcy, one of the most significant benefits is the discharge...